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Michigan reports $356.3m in online gambling revenue for January

Regulation

Michigan’s online gambling market generated $356.3 million in revenue in January, according to figures attributed to the Michigan Gaming Control Board. Online casino receipts were $298.3 million, while sports betting receipts were $58 million; operators paid $57.1 million in state taxes and payments.

The figures show operators’ January revenue and tax payments across Michigan’s online casino and sports betting markets.

End-of-day close DraftKings (DKNG), USD, to 6 April 2026
Story date6 January 20266 April 2026

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Pentagon restricts military prediction market trading as Congress widens VIP inquiry

The Pentagon issued a directive barring military personnel from trading on prediction markets using nonpublic information. Defence Secretary Pete Hegseth warned that such trades could compromise national security and expose service members to disciplinary action or prosecution. Lawmakers also sent letters to BetMGM, Caesars, DraftKings, Fanatics, Kalshi and Polymarket expanding an inquiry into VIP programmes.

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